Property Investment Walsall

Walsall Evictions Ban Update: August 2020

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , ,

 

Walsall Evictions Ban Update - August 2020
Walsall Evictions Ban Update – August 2020

My Blog reading friends may be aware of the ‘eviction ban’ introduced at the start of the pandemic.  The good news is this is being lifted on the 23rd August 2020.

Our government recently announced changes to the eviction processes in England and Wales.  These temporary measures aim to help the courts cope with the influx of possession proceedings once the ‘eviction ban’ is lifted.

The changes include claimants needing to issue a “reactivation notice” to resume halted evictions and will be effective until March 28th, 2021.

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My BTL Deal Of The Week, Kenilworth Crescent, Walsall, WS2 With Yields Of 5.76%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , , , , ,

A two bedroom semi detached house on the popular Reedswood estate in Walsall, WS2. The property will need some changes to the decor, but otherwise is perfect for rental.

There are two double bedrooms, one with fitted wardrobes.  A modern kitchen with integrated oven/ hob, a family bathroom with shower, a fair sized rear garden and off-road parking. It would be better appreciated by a viewing. The location is within easy reach of all the major road networks, services and other amenities lending easy access to Walsall town centre plus Reedswood Retail Park is just around the corner.

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My BTL Deal of the Week is a 2 Bedroom Terraced House Walsingham Street Walsall WS1 Yielding 6.25%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , , , , , , , , , , , ,

A traditional two bedroom terraced house in the Chuckery area of Walsall and a popular area for rentals.

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My BTL Deal of the Day 2 Bed Semi Walsall WS2 with Yields of 5.54%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , , , , , , ,

Carrying on from my last BTL deal of the day and keeping it to the same estate. This is a two bedroom semi detached house in the Beechdale/ Reedswood area of Walsall, WS2. An excellent spec and very well kept propertyy. Again, this is not a typical neutral décor, but is in keeping with the rest of the property. I would recommend booking a viewing sooner rather than later.

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My BTL Deal Of The Day, A 2 Bed Terraced “Fixer Upper”, Walsall, WS3. With Minimum Yields of 7.20%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , ,

Well, it’s been a while since I highlighted a property like this. So, for all of you out there in investor land, who want a complete blank canvas to work with, here is my latest offering.

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More BTL Goodness In Shropshire Close, Walsall, WS2, Yielding 5.33%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , , ,

Rather than duplicate the same information again, I will just give some basic info as the properties presented are pretty much the same. Where there are more obvious differences I will highlight these.

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My BTL Deal Of The Day Is Another 2 Bed Semi, Shropshire Close, Walsall, WS2, Yielding 5.33%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , ,

In my research to discover potential properties for buy to let investment it does appear that there are other properties on this newbuild housing estate up for sale, therefore, I will probably be covering more properties of these types in my upcoming posts over the next few weeks. Shropshire Close and it’s locality is a burgeoning area for rental properties. I have helped many of my clients to buy and rent out the properties for sale on this estate. They are selling at a reasonable price and achieve above average yields. They are newbuild and in general need very little work doing to them in order to bring them up to a lettable standard even if they have been previously occupied and in addition are ideally located. So, let’s get on with the show…

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My BTL Deal Of The Day 2 Bed Terraced House Bloxwich Road, Walsall, WS2 Yields 5.50%

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , ,

A traditional two bedroom end terraced house in Leamore, Walsall. This outstanding spec is well worth your time and effort to view immediately.

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The effect of the recent Interest Rate increase on Walsall Property…

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
The effect of the recent Interest Rate increase on Walsall Property...
The effect of the recent Interest Rate increase on Walsall Property…

I wrote my thoughts in an article in October 2016 after interest rates were slashed to 0.25%. You can read the full article by clicking here. Then in December 2017 I wrote a further article when it was announced interest rates would be increased to 0.50%. The full article can be found by clicking here. Existing clients and Blog reading friends alike have been asking me for my thoughts on the recently announced increase…the current average value of a property in Walsall currently stands at £181,994 so what will the recent increase in the base rates to 0.75% from 0.50% do to the local property market?

In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 months or the last 5 years), but to answer this question we need to go back over 40 years, to 1975.

The average value of a Walsall property in 1975 was £8,285

However, since 1975, we have experienced in the UK, inflation of 807.5%.

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Today’s Buy To Let Deal 2 Bed Terraced House, Penmire Grove, Walsall, WS4. With Yields Of 4.93%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , ,

An immaculately presented 2 bedroom terraced house on Penmire Grove a new build housing estate about half a mile south of Rushall, Walsall, WS4. The property is being marketed by Bairstow eves (01922 321791) and added today!

I cannot say anymore about the spec other than can be seen on the photos. Needless to say go and have a look for yourselves, it will be worth it. Marketed at offers of over £140k, notwithstanding the spec, I think that the asking price is a little over what you should expect to pay.

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